January 22, 2024
 
 

Small Stocks, Big Money™

Weekly Newsletter
REDCHIP.COM
 
 
BullFrog AI’s Collaboration with Lieber Institute for Brain Development Yields Potentially Groundbreaking Biological Stratification of Brain Expression Data
 
BullFrog AI (Nasdaq: BFRG), a technology-enabled drug development company using artificial intelligence (AI) and machine learning to enable the successful development of pharmaceuticals and biologics, announced early results from its collaboration with the Lieber Institute for Brain Development (LIBD) that could revolutionize the understanding and treatment of psychiatric disorders. The early findings from this global strategic partnership have successfully stratified brain expression data, offering what may turn out to be unprecedented insights into psychiatric conditions.
 
 
 
 
 
 
 
 
Zomedica Announces Preliminary 2023 Revenue; Provides Revenue Guidance for 2024, and Rationale for Share Consolidation
 
Zomedica (NYSE American: ZOM), a veterinary health company offering point-of-care diagnostics and therapeutic products for equine and companion animals, provided a business update. Revenue for the fourth quarter of 2023 is expected to be over $7 million, a new record for the Company, compared to record fourth quarter 2022 revenue of $6.2 million, primarily driven by strong performance across many product lines, highlighted by a record quarter in the Therapeutic Device segment. "The fourth quarter capped off a record year for Zomedica. We grew full year revenue by over 32%, due in large part to the continued strength in our Therapeutic Devices segment, further bolstered by early adoption of newly launched products in our Diagnostics segment throughout the year," commented Zomedica Chief Executive Officer, Larry Heaton.
 
 
 
 
 
 
 
Sharps Technology Signs LOI with Roncadelle Operations Intended to Open Worldwide Sales and Distribution Opportunities for Safe Drug Delivery Systems
 
Sharps Technology (Nasdaq: STSS), an innovative medical device and pharmaceutical packaging company offering patented, best-in-class syringe products, and Roncadelle Operations, a driving force in the development of novel medical drug delivery devices with its seasoned team boasting over two decades of healthcare expertise, signed a Letter of Intent (LOI) to enter into a sales and marketing agreement which would enable the Company and Roncadelle to cooperatively sell and distribute each other’s products to their respective areas of influence and expand Sharps’ American-based product market into Europe, the Middle East, Africa, and the Asia-Pacific region. The LOI was inked on January 16 and will be celebrated at the upcoming Pharmapack 2024 event in Paris later in the month. The LOI is subject to the negotiation of definitive documentation between the parties. Accordingly, there can be no assurance that the parties will enter into a definitive agreement.
 
 
 
 
 
 
 
 
 
 
American Resources Corporation's ReElement Technologies Engages Law Firm Alexander & Partner for Formation of ReElement Ghana
 
American Resources’ (Nasdaq: AREC) wholly owned subsidiary, ReElement Technologies LLC ("ReElement"), a leading provider of high performance refining capacity of rare earth and critical battery elements, today announced it has engaged law firm Alexander & Partner Rechtsanwälte mbB for the formation of ReElement Technologies Ghana LLC ("ReElement Ghana") under Ghanaian law along with future work in other key ex-US markets under development by ReElement Technologies.
 
 
 
 
 
 
 
1606 Corp. Signs Second Major ISO Partnership with CannaSite, a Top CBD Web Developer to Market AI Merchandising Chatbots by 1606
 
1606 Corp. (OTC: CBDW), an industry leader in the development of AI-powered merchandising chatbots, announced a groundbreaking Independent Sales Organization (ISO) agreement with CannaSiteCo, a dynamic player in the cannabis digital space. This strategic partnership aims to leverage CannaSite's robust client base and industry influence to expand the reach and impact of 1606 Corp.'s innovative chatbot solutions.
 
 
 
 
 
 
 
Small Stocks, Big Money™ Podcast
 
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Upcoming Events
 
 
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Jan 2024
 
NASDAQ: XELB - Xcel Brands
4:15pm Eastern
 
Xcel Brands is a media and consumer products company engaged in the design, marketing, live streaming, and social commerce sales of branded apparel, footwear, accessories, fine jewelry, home goods and other consumer products, and the acquisition of dynamic consumer lifestyle brands.
 
 
 
 
 
 
 
25
 
 
Jan 2024
 
NASDAQ: SPI - SPI Energy
4:15pm Eastern
 
SPI Energy is a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions that was founded in 2006 in Roseville, California and is headquartered in McClellan Park, California.
 
 
 
 
 
 
 
Archived Events
 
 
23
 
 
Jan 2024
 
NASDAQ: XELB - Xcel Brands
4:15pm Eastern
 
Xcel Brands is a media and consumer products company engaged in the design, marketing, live streaming, and social commerce sales of branded apparel, footwear, accessories, fine jewelry, home goods and other consumer products, and the acquisition of dynamic consumer lifestyle brands.
 
 
 
 
 
 
 
25
 
 
Jan 2024
 
NASDAQ: SPI - SPI Energy
4:15pm Eastern
 
SPI Energy is a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions that was founded in 2006 in Roseville, California and is headquartered in McClellan Park, California.
 
 
 
 
 
 
Quote of the Week
 
"Knowing when to sell a winner can be a very elusive skill. It often makes sense to keep a small percentage of the shares for idiot’s insurance."
— Byron Roth, ROTH Capital
 
 
RedChip TV
 
 
 
 
RedChip TV Highlights XCEL Brands (NASDAQ: XELB) & Rail Vision (NASDAQ: RVSN) This Week
 
 
 
 
 
 
 
 
Order "Small Stocks, Big Money" Today!
 
Dave Gentry's new book, Small Stocks, Big Money: Interviews With Microcap Superstars, is now available for pre-order. Published by Wiley Finance, this first-hand perspective and insider information on the fast world of microcap investing is now available for purchase.
 
 
 
 
 
 
 
Lesson of the Week
 
Use relative value to determine if you're getting a "good price."
 
 
 
 
 
 
 
MidSouth Week in Review
 
Bitcoin hit 47,000 for the first time since 2022. The yield on the 30-year Treasury bond hit 4.20% from its recent 4% level.